This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As Director of Operations at Bettaway and Director of Business Development at PalletTrader, Kristina brings energy, creativity, and a drive for results to the world of logistics and supply chain. Founded in 1981, Bettaway has evolved from a local beverage distributor into a comprehensive logistics provider. Bettaway West, Inc.:
Now, on to the supply chain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. Target charges suppliers more to help offload unsold inventory (Reuters). iContainers, Expedia for transporting freight internationally, raises $6.7 It’s why I coach. It’s why I love baseball.
Over the last 10-15 years, outsourcing of logistics activities to third-party logistics service providers has become increasingly popular. Research indicates that up to 75% of firms report positive impacts from outsourcing to logistics service providers (Langley J, Capgemini 2007). But what of the balance?
The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers. Per Gartner the quantitative benefits include: Inventory savings of 20% of value. Increased forecast accuracy of about 25%.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. Decades in the Making.
The difference between BlackBerry in 2007— with a net worth of US $40B and BlackBerry in 2013—willing to be sold for a measly a tenth of its 2007 figure—has a lot to do with a failure to identify and deal with its competitors in the correct way. In 2007, it released the Kindle. Co-opetition can Save the Freight Industry.
Demand sensing technology will help supply chain professionals to become smarter about the sales side, which helps to drive sales but also allows for better planning of logistics and manufacturing capacity. Advisory Board Member, at The Logistics & Supply Chain Management Society (LSCMS). Companies can clearly make a dent.
And when Mark Goodson and Bill Todman began shopping a modernized revival of The Price Is Right, Bob Barker joined on as the host, a role he would hold until his retirement in 2007. Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” Port of Los Angeles Executive Director Gene Seroka said.
The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.
For example, no single logistics service provider has a distribution network resembling anything close to nationwide coverage. Far from it, in fact – estimates of the number of logistics service providers in China range from one million to two million companies, many of which have just a couple of trucks. Free trade zone. Regional DC.
Despite some relief from inflationary pressures in recent months, businesses throughout the logistics industry and beyond are being forced to make difficult decisions. After a week of high-highs and low-lows within the global logistics industry, we’ve gathered the nine stories you need to know. Retailers are brought in to sell.
Sunday, 25 November 2007. The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. Monday, December 03, 2007 8:01:00 am. Subscribe To. — Jim Dow.
Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe.
The evolution of eCommerce has had a dramatic impact on both retail and logistics. Many customers now want their packages next-day, same-day, or even within one hour and as a result logistics networks have evolved to reflect these changing customer preferences. Fast and free shipping raised the stakes.
Importers and brand owners are responding, pressuring suppliers, exporters and logistics service providers to develop eco-friendly ‘Green’ business processes that ensure product traceability, monitor in-transit custody, reduce carbon emissions and are regulatory compliant. ► 2007. (4). ▼ 2008. (7).
Adoption of e-docs and WCO data standardization would greatly reduce the burden existing documentation practices place on consignees and logistic service providers. · ► 2007. (4). What do you think the LSP industry should do to improve trade effectiveness? (by by Arthur Radford). Stefan Reidy. 9:28:00 pm. dhavamani shiva.
Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft. In comparison, in 2000-2007 the U.S.
The monthly report from Cass and partner Tim Denoyer of ACT Research is based on data from the billions of dollars of freight bills that Cass pays for its shipper clients. in 2024, and so far is trending toward another decline in 2025, Cass says, as carriers navigate the lousy freight environment. In comparison, in 2000-2007 the U.S.
of GDP The Council of Supply Chain Management Professionals (CSCMP) and partners Kearney and Penske Logistics are out last week with the 2025 State of Logistics Report, looking primarily at 2024 data. Again this year, Penske Logistics funded the report development. The second component of USBLC, inventory carrying costs (28.4%
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
Click here to send us your comments That according to a recent blog post by the maritime analysts at Drewry, which noted that “More than five years have passed since the huge shipping disruptions, damaging port congestion, and cost spikes of the Covid period, but one feature has remained: freight rate volatility.”
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. In comparison, in 2000-2007 the U.S.
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
The Inventories Index registered 49.2, meaning companies in total decreased inventory in the month, but at a slower pace. A ‘too low’ status for the Customers’ Inventories Index is usually considered positive for future production.” (See In comparison, in 2000-2007 the U.S. locations to be in close proximity to the U.S.
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
TuffAir’s site states that it plans to launch in the fall, “with high performance aircraft, lean operations and a scalable model to connect overlooked freight corridors across the Midwest. TuffAir argues that its strategy is unique and is designed to facilitate cheaper, faster regional air transit for freight. ( What do you say?
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
In comparison, in 2000-2007 the U.S. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. He founded a new freight company called “Federal Express,” to denote his national ambitions.
All that is distant memory now, as the maker of freight trucks powered by hydrogen fuel cells announced it had begun selling off its assets. That left logistics costs as a percent of US GDP down a bit in 2024 to 8.7%. In comparison, in 2000-2007 the U.S. trillion, up from $2.44 trillion in 2023, for an increase of 5.4%.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content